Trading tactics for 11.06.2018 - 15.06.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1759. The nearest resistance level is located at levels 1.1839. The nearest support levels are located at 1.1730 and 1.1650.

For Europe, pay attention to Deposit Facility Rate, ECB Marginal Lending Facility, ECB Interest Rate Decision (Jun), ECB Press Conference and to CPI (YoY) (May).

For USA, we recommend paying attention to Core CPI (MoM) (May), PPI (MoM) (May), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, Core Retail Sales (MoM) (May) and to Retail Sales (MoM) (May).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1839 and higher.

- In case of fall, we recommend to sell down to 1.1650

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3399. There might be tendencies for the future growth. The nearest resistance level is located at 1.3470. The nearest support levels are located at 1.3395 and 1.3331.

For Britain, pay attention to Manufacturing Production (MoM) (Apr), Average Earnings Index +Bonus (Apr), Claimant Count Change (May) and CPI (YoY) (May).

For USA, we recommend paying attention to Core CPI (MoM) (May), PPI (MoM) (May), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, Core Retail Sales (MoM) (May) and to Retail Sales (MoM) (May).

- In case of rise, we recommend to buy up 1.3470

- In case of fall, we recommend to sell down 1.3331

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7593. The nearest resistance level is located at 0.7546. The nearest support levels are located at levels 0.7493 and 0.7445

For Australia, there will be no important news.

For USA, we recommend paying attention to Core CPI (MoM) (May), PPI (MoM) (May), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, Core Retail Sales (MoM) (May) and to Retail Sales (MoM) (May).

- In case of rise, we recommend to buy up to 0.7675

- In case of fall, we recommend to sell down 0.7558

We recommend: TO AWAIT

 

USD/JPY

USD/JPY all week was trading differently and closed the level 109.50. The nearest resistance levels are located at 109.58 and 110.25. The nearest support level is located at 109.18.

For Japan, pay attention to BoJ Press Conference and BoJ Monetary Policy Statement (YoY).

For USA, we recommend paying attention to Core CPI (MoM) (May), PPI (MoM) (May), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, Core Retail Sales (MoM) (May) and to Retail Sales (MoM) (May).

- In case of rise, we recommend to buy up to 110.25

- In case of fall, we recommend to sell down 109.18

We recommend: TO SELL

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9841. Important resistance level is located at 0.9890. Nearest support levels are located at 0.9828 and 0.9786.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to Core CPI (MoM) (May), PPI (MoM) (May), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, Core Retail Sales (MoM) (May) and to Retail Sales (MoM) (May).

- In case of rise, we recommend to buy up to 0.9841

- In case of fall, we recommend to sell down 0.9786

We recommend: TO AWAIT

 

GOLD

Previous week GOLD was trading differently and closed at the level 1298. Important resistance level is located at 1302. Nearest support levels are located at 1295 and 1290.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1302

- In case of fall, we recommend to sell down 1290

We recommend: TO SELL